Turn-key investment opportunity in desirable King Edward Park! This 2022-built triplex offers 5 income-producing rental units, including 2 legal basement suites with separate entrances. The property features three townhouse-style units; Units 8021 and 8025 each include a self-contained 1-bedroom legal basement suite, while Unit 8023 includes an unfinished basement as part of the main unit. Each upper unit offers 3 bedrooms, 2.5 bathrooms, modern finishes, and upper-floor laundry. Situated on a corner lot just minutes from Bonnie Doon Mall, Whyte Ave, Downtown, Mill Creek Ravine, schools, transit and the Valley Line LRT. Fully leased with established tenants and professionally managed. Buyer may have the opportunity to assume the existing CMHC MLI Select mortgage, subject to lender and CMHC approval. Rent roll and financial information available.
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Zillow last checked:
Listing updated:
Listed by:
Chun Yuan,
Initia Property Management
Source: RAE,MLS®#: E4495019
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Primary bedroom
Level: Upper
Family room
Level: Basement
Heating
Forced Air-2, Natural Gas
Appliances
Included: See Remarks
Features
Flooring: Carpet, Ceramic Tile, Laminate Flooring
Basement: Full, Finished
Interior area
Total structure area: 3,891
Total interior livable area: 3,891 sqft
Property
Parking
Parking features: Stall
Features
Levels: 2 Storey,3
Exterior features: Landscaped
Lot
Size: 5,858 Square Feet
Features: Corner Lot, Landscaped, Near Public Transit, Schools, Shopping Nearby, Public Transportation
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes
Materials
Foundation: Concrete Perimeter
Roof: Asphalt
Condition
Year built: 2022
Community & HOA
Community
Features: See Remarks
Location
Region: Edmonton
Financial & listing details
Price per square foot: C$406/sqft
Date on market: 6/22/2026
Ownership: Private
Chun Yuan
Chun Yuan
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